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Advance America, Cash Advance Centers, Inc.
Advance America Announces Election of William M. Webster IV as Chairman of Board of Directors
August 22nd, 2008
Advance America, Cash Advance Centers, Inc. (NYSE:AEA) announced that William M. "Billy" Webster IV has been elected by the Company's Board of Directors as its Chairman. Mr. Webster succeeds George Dean Johnson, Jr., who has resigned from the board due to personal reasons and not because of any disagreement with the Company. Mr. Webster, Advance America's co-founder, has served as the Company's Vice Chairman since August 2005. Previously, he served as the Company's Chief Executive Officer from July 1997 until August 2005 and was the Chairman of the board from January 2000 until July 2004. Commenting on his election, Mr. Webster stated: "I am honored...
Source: Health Business Week (2008-08-22)
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